Schindler’s (SCHP SW) CFO, on earnings call, says it has successfully passed raw-material inflation costs to customers, particularly in its new installations business
Newsquawk Staff ·
Schindler’s (SCHP SW) CFO, on earnings call, says it has successfully passed raw-material inflation costs to customers, particularly in its new installations business.
What it means
Schindler’s CFO commenting on the earnings call indicates that the company has effectively transferred rising raw material costs to customers, particularly in the new installations segment. This move highlights the company's ability to maintain margins despite inflationary pressures, which could signal a resilient pricing power in a challenging economic environment. Investors might view this as a positive sign for Schindler's financial stability and growth outlook.
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